When Should You ROTH Contribute or ROTH Convert
When Should You ROTH Contribute or ROTH Convert
How your money will be taxed when you take distributions from your saved funds is a key determinant of your financial independence.
Taxable accounts get taxed between 0%-20% depending on income and length of time invested.
Tax Deferred accounts will be taxed between 0%-37% :O depending on income
ROTH Accounts do not get taxed at all!
Saving strategically into each of these account types means you keep more of your hard earned money, and ultimately have more of it to spend when you want it.
#retirement #retirementplan #retirementplanning
#retirementriskzone
Eric Amzalag, CFP®, RICP®
FREE WEBINAR: "The Secret Retirement Plan Big Finance Doesn't Want You To Know About":
https://app.thepeakfp.com/ret-vsl
Want to schedule a consultation? Click here:
https://app.thepeakfp.com/E-Work-With-Us
Disclaimer: Please consult with your own tax, legal and financial advisors for personalized advice.
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